Tag Archive for ‘Alcoa’
How do we achieve a better working world that is more inclusive and gender equal? Columnist Gael O’Brien says the answer is ultimately connected to how respect shows up in a company’s culture: “Without the cornerstones of respect and safety – integral to leadership responsibility – progress toward a better working world will be two steps forward and five back.”
A group of investment organizations with about $43 billion in assets under management has sent letters to 35 major companies represented on the board of the U.S. Chamber of Commerce, urging company managements “to evaluate their role and to assess the risks and benefits of Board membership.”
A new measure designed to combat corruption in resource-rich countries by requiring mining and energy companies to disclose payments to foreign governments was highlighted this week by U.S. President Barack Obama in a speech at the United Nations Millennium Development Goals Summit in New York. The requirement is a provision of the Dodd-Frank financial reform bill signed into law by Mr. Obama in July.
Investment firm Walden Asset Management recently researched and compiled quotes from sustainability and corporate responsibility reports by several dozen companies in a wide range of industries. The exercise showed, says a Walden executive, that attention to such issues has become vitally important for a company’s business, and that transparent reporting is, as one CEO said, one of “the prices of doing business today.”
Sustainable development over the next several decades offers “vast new business opportunities” – valued as much as US$6.2 trillion – for companies that have “the foresight to lead,” according to a new report by a leading corporate sustainability group.